Thursday, April 23, 2009

Real Estate FACTS as per April 22, 2009

Calif. median home price - February 09: $247,590(Source: C.A.R.)

Calif. highest median home price by C.A.R. region February 09: Santa Barbara So. Coast $715,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region February 09: High Desert $121,970(Source: C.A.R.)

Calif. First-time Buyer Affordability Index - Fourth Quarter 08: 59 percent (Source: C.A.R.)

Mortgage rates - week ending 4/16/09 30-yr. fixed: 4.82% Fees/points: 0.6% 15-yr. fixed: 4.48% Fees/points: 0.6% 1-yr. adjustable: 4.91% Fees/points: 0.7% (Source: Freddie Mac)

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